Ryanair confident in spite of Aer Lingus ‘alliance’

RYANAIR bosses yesterday said they were confident of completing the audacious takeover of rival Aer Lingus despite a loose alliance of shareholders clubbing together to fight the move.

Ryanair deputy chief executive Michael Cawley claimed that more than one-third of Ireland’s former national flag carrier was still up for grabs.

“We’re still looking at 54-55% of the shares, including our own 19%, in hands of people who have not declared their position,” he said.